RAM Essential Services Property Fund (ASX:REP) ROCE % : -1.15% (As of Dec. 2023)

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What is RAM Essential Services Property Fund ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. RAM Essential Services Property Fund's annualized ROCE % for the quarter that ended in Dec. 2023 was -1.15%.

RAM Essential Services Property Fund ROCE % Historical Data

The historical data trend for RAM Essential Services Property Fund's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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RAM Essential Services Property Fund ROCE % Chart

RAM Essential Services Property Fund Annual Data

Trend

Jun22

Jun23

ROCE %

8.25

-1.95

RAM Essential Services Property Fund Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	7.70	9.66	1.99	-5.90	-1.15

RAM Essential Services Property Fund ROCE % Calculation

RAM Essential Services Property Fund's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	-15.38	/	( ( (832.334 - 36.668)	+	(816.831 - 33.821) )	/ 2 )
	=	-15.38	/	( (795.666	+	783.01)	/ 2 )
	=	-15.38	/	789.338
	=	-1.95 %

RAM Essential Services Property Fund's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-8.77	/	( ( (816.831 - 33.821)	+	(781.498 - 36.751) )	/ 2 )
	=	-8.77	/	( ( 783.01	+	744.747 )	/ 2 )
	=	-8.77	/	763.8785
	=	-1.15 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

RAM Essential Services Property Fund (ASX:REP) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

RAM Essential Services Property Fund ROCE % Related Terms

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RAM Essential Services Property Fund (ASX:REP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » RAM Essential Services Property Fund (ASX:REP) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Australia Square 264 George Street, Suite 3201, Level 32, Sydney, NSW, AUS, 2000

Website

https://www.ramgroup.com

RAM Essential Services Property Fund invests in high-quality Australian medical and essential retail real estate assets, leased to essential services tenants. Its objective is to provide investors with stable and secure income with the potential for both income and capital growth through exposure to high quality, defensive portfolio of assets with favourable sector trends.

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